122 NEW STREET, CORNWALL

2026-06-24
 

Quick Summary

Location
122 NEW STREET, CORNWALL, Ontario K6H3G2
Price
$399,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Bedrooms:
6
Bathrooms:
2
Garages:
6

MLS®#X13473244

Property Description

Welcome to 122-124 New Street! This two storey duplex features two spacious 3-bedroom units, with the desirable main-floor unit currently vacant and ready for occupancy. Conveniently located close to parks, schools, shopping, amenities, and public transit, this property offers an excellent opportunity for both investors and owner-occupants.Enjoy a large backyard and double-wide driveway, providing ample outdoor space and parking. For buyers looking to offset living expenses, the vacant main-floor unit offers the perfect opportunity to move in while generating rental income from the second unit. For investors, this allows you to find your ideal tenant at market value. With the main-floor unit vacant, the property generates an annual income of approximately $8,508. Estimated annual operating expenses are as follows:Insurance: $1,509. Water/Sewer: $1,769Property Taxes: $1,556. Recent updates include: Shingles replaced approximately 3 years ago, both furnaces installed approximately 2014, Owned hot water tanks installed approximately 2019 and 2021 and upgraded insulation. A minimum of 24 hours' notice is required for all showings. As per form 244, 24 hour irrevocable on all offers. (id:32467)

Property Features

Building

  • Appliances: Water Heater
  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Cooling Type: Window air conditioner
  • Exterior Finish: Aluminum siding
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 60 x 140 FT
  • Sewer: Sanitary sewer

Information entered by RE/MAX AFFILIATES MARQUIS LTD.
Listing information last updated on: 2026-06-23 14:48:44


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Sergiu Buhatel Broker

Phone:
(613) 724-8815
Email:
sergiu.buhatel@gmail.com
Support Area:
Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth

Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He holds ...

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